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Unit of Study LEGL5001 - Legal Studies (2025)

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Unit Snapshot

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Unit description

This unit is designed to introduce students to the legal system, business law, consumer law and company law and related matters. It is important for all persons, accountants and business administrators to have an appreciation of the role played by law in regulating and serving society and the business community. The legal principles will be examined in relation to commercial transactions and business and other associations. The unit will also examine the ways in which society, the legislature and the judiciary affect the lawmaking process, enabling it to meet the changing needs of society. This unit also involves the study of the law of negligence and examines corporations law with regard to formation, operation, administration, corporate governance and fundraising. This will include a detailed study of the law relating to directors and management, members' rights and financing of a corporation. We will examine in detail the Corporations Act and relevant case law.

Unit content

Module 1:  The sources of law in Australia

Module 2:  The courts and the Australian legal system

Module 3:  The laws of partnership and agency

Module 4:  The law of contract

Module 5:  The law of tort - negligence

Module 6:  Introduction to Australian company law

Availabilities

Location Domestic International
Gold Coast
Term2
Term2
Melbourne N/A
Term2,5
Online
Term2
Term2
Perth N/A
Term2,5
Sydney N/A
Term2,5

Learning outcomes

Unit Learning Outcomes express learning achievement in terms of what a student should know, understand and be able to do on completion of a unit. These outcomes are aligned with the graduate attributes. The unit learning outcomes and graduate attributes are also the basis of evaluating prior learning.

On completion of this unit, students should be able to:

describe the structure of the legal system and the legal implications of problems and proposals relating to commercial transactions

explain the legal rules and principles in those areas of law that may be encountered by business professionals

analyse the legal aspects of business transactions, consumer protection laws, the duty of care principles in the law of negligence, agency, partnerships and companies, particularly in respect of the rights, obligations, duties and liabilities of agents, partners, company members and directors

analyse the legal issues in complex consumer and corporation situations and apply relevant legal principles to the resolution of these issues, and express this in clear and logical language

Prescribed learning resources

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Prescribed Learning Resources may change in future Teaching Periods.